China Education Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Education Group Holdings has a total shareholder equity of CN¥19.1B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CN¥36.2B and CN¥17.1B respectively. China Education Group Holdings's EBIT is CN¥2.4B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥5.5B.
Key information
46.7%
Debt to equity ratio
CN¥8.94b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥5.50b |
| Equity | CN¥19.15b |
| Total liabilities | CN¥17.07b |
| Total assets | CN¥36.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 839's short term assets (CN¥5.7B) do not cover its short term liabilities (CN¥7.5B).
Long Term Liabilities: 839's short term assets (CN¥5.7B) do not cover its long term liabilities (CN¥9.6B).
Debt to Equity History and Analysis
Debt Level: 839's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: 839's debt to equity ratio has increased from 33.2% to 46.7% over the past 5 years.
Debt Coverage: 839's debt is well covered by operating cash flow (43%).
Interest Coverage: 839's interest payments on its debt are well covered by EBIT (5.7x coverage).